RE: 😨 Are You Scared Of UPVU Yet?

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😨 Are You Scared Of UPVU Yet?

in hive-185836 •  3 years ago 

My (serious idea) was that one could divide the rewards pool into two separated pools, so one had to decide to either stake one's STEEM (for a good interest rate but then with out the ability to vote on posts) or to be in the author rewards pool where one would be able to (manually - no automatism allowed) vote on posts and earn money by writing own posts.

It's a good idea. If people wish to have part investment / part blogging, then they can create 2 profiles. Unfortunately, I have no doubt that the scammers will find a way of ruining this idea too. Much like the farming accounts that exist (which reminds me of a job I need to do) and the circle-voting.

The "obvious" downside though is that I can't see how the ROI for staking STEEM will compare to the existing returns that UPVU returns.

It feels to me that for any solution to work, we either need UPVU's involvement / cooperation or regulation of UPVU via Steemit Inc.

Whether we'll get either is something that I don't feel particularly optimistic about.

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That's true: the platform is already that centralized that without the cooperation of @upvu and/or Steemit, Inc. there won't be any progress possible anymore.

Sad situation, and I personally tend to believe that there is no hope anymore (that's why I also have no more stake involved here, to be honest ...). Of course I hope to be proved wrong.

I have the impression that concerning HIVE there is a little bit more hope, as nowadays the Splinterlands community (which is rather decentralized due to so many different big stakeholders ) is already bigger (and altogether richer!) than the few Hive 'oligarchs' on top of the witness ranking.
The problem is: if Splinterlands investors would try to buy HIVE (they now own SPS and DEC, the in-game currencies) to get in control of the network, that would cause the HIVE price to rise dramatically so that in the end the 'oligarchs' benefited again ...